StockNews.AI
ISTR
StockNews.AI
208 days

Investar Holding Corporation Announces 2024 Fourth Quarter Results

1. Investar's Q4 2024 net income rises to $6.1 million, a 13% increase. 2. Year-over-year, earnings improved significantly from $3.5 million in Q4 2023.

-0.31%Current Return
VS
-0.29%S&P 500
$19.5301/23 06:03 PM EDTEvent Start

$19.4701/25 12:18 AM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The stronger earnings reflect improved performance, suggesting potential investor confidence. Previous quarterly results show improvements can lead to positive stock momentum.

How important is it?

Earnings results are crucial for stock valuation and investor sentiment, impacting ISTR directly.

Why Short Term?

Positive earnings typically boost stock in the immediate term. Quick investor reactions to earnings reports support a short-term impact.

Related Companies

BATON ROUGE, LA / ACCESS Newswire / January 23, 2025 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended December 31, 2024. Investar reported net income of $6.1 million, or $0.61 per diluted common share, for the fourth quarter of 2024, compared to net income of $5.4 million, or $0.54 per diluted common share, for the quarter ended September 30, 2024, and net income of $3.5 million, or $0.36 per diluted common share, for the quarter ended December 31, 2023.

Related News